USD/MYR and SGD/MYR
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 Jan 29 2024, 08:01 AM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore  
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MAS Policy Statement: https://www.mas.gov.sg/news/monetary-policy...atement-29jan24
QUOTE MAS will therefore maintain the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred. MAS will closely monitor global and domestic economic developments, and remain vigilant to risks to inflation and growth. |
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Jan 29 2024, 12:47 PM
Show posts by this member only | IPv6 | Post
#482
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Senior Member
4,676 posts Joined: Jan 2003
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QUOTE(TOS @ Jan 29 2024, 08:01 AM) Expected statement from them since late last year π as they will continue the trajectory |
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Jan 30 2024, 06:20 PM
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Senior Member
9,361 posts Joined: Aug 2010
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QUOTE(xander2k8 @ Jan 29 2024, 12:47 PM) Expected statement from them since late last year π as they will continue the trajectory Yeah,....  But SG REIT dividends will get lesser and lesser due to currency effect. |
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Jan 30 2024, 06:26 PM
Show posts by this member only | IPv6 | Post
#484
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Senior Member
4,676 posts Joined: Jan 2003
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QUOTE(Hansel @ Jan 30 2024, 06:20 PM) Yeah,.... Donβt worry about the dividends π€¦ββοΈ but you should worried that rather the REiTs itself still have demand and can derived more income because most of SG REits are very interlinked to global economyBut SG REIT dividends will get lesser and lesser due to currency effect. |
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Jan 30 2024, 08:16 PM
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All Stars
18,454 posts Joined: Oct 2010
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Does the gloomy property markets in China & HK affects any of the SG Reits?
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Jan 31 2024, 12:55 PM
Show posts by this member only | IPv6 | Post
#486
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Senior Member
4,676 posts Joined: Jan 2003
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QUOTE(MGM @ Jan 30 2024, 08:16 PM) Does the gloomy property markets in China & HK affects any of the SG Reits? Definitely affected π€¦ββοΈ Sasseur and Capitaland China trust already affected since last year MGM liked this post
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Feb 2 2024, 09:52 AM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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This morning SGD.MYR hit a record of 3.54.
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Feb 2 2024, 01:36 PM
Show posts by this member only | IPv6 | Post
#488
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Junior Member
844 posts Joined: Sep 2011
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QUOTE(TOS @ Feb 2 2024, 09:52 AM) This morning SGD.MYR hit a record of 3.54. Damn.. seems like I can't accumulate fast enough before MYR decides to dump again. Was hoping that it would stabilize at around 3.49 range for at least a year. |
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Feb 2 2024, 01:54 PM
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Senior Member
3,496 posts Joined: Jan 2003
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if you have an OCBC/mbb sg account u can DuitNow overseas transfer daily. no need to accumulate to save on fees (ongoing DuitNow promo aka waived fees)
This post has been edited by Medufsaid: Feb 2 2024, 01:57 PM |
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Feb 2 2024, 01:57 PM
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All Stars
24,385 posts Joined: Feb 2011
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QUOTE(poooky @ Feb 2 2024, 01:36 PM) Damn.. seems like I can't accumulate fast enough before MYR decides to dump again. Was hoping that it would stabilize at around 3.49 range for at least a year. Just keep changing. I have been changing since days of 3.0. You think I am not sad looking at how bad is the ringgit? poooky liked this post
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Feb 2 2024, 03:37 PM
Show posts by this member only | IPv6 | Post
#491
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Junior Member
844 posts Joined: Sep 2011
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QUOTE(Medufsaid @ Feb 2 2024, 01:54 PM) if you have an OCBC/mbb sg account u can DuitNow overseas transfer daily. no need to accumulate to save on fees (ongoing DuitNow promo aka waived fees) I have OCBC sg registered using local number, try duitnow from MBB my to it, but it can't seem to find it. |
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Feb 5 2024, 12:49 PM
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Junior Member
587 posts Joined: May 2016
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Itβs it a good time to sell USD?
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Feb 5 2024, 10:48 PM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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Feb 7 2024, 09:35 AM
Show posts by this member only | IPv6 | Post
#494
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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SGD.MYR keep smashing record 3.5450
A great CNY for those working in SG.  |
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Feb 7 2024, 10:54 AM
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Senior Member
3,496 posts Joined: Jan 2003
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 a fire sale? This post has been edited by Medufsaid: Feb 7 2024, 10:55 AM TOS liked this post
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Feb 7 2024, 10:56 AM
Show posts by this member only | IPv6 | Post
#496
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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Break 3.55 liao
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Feb 7 2024, 11:10 AM
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Senior Member
6,236 posts Joined: Jun 2006
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QUOTE(TOS @ Feb 7 2024, 09:35 AM) SGD.MYR keep smashing record 3.5450 already told my kids... go find work in SG... lol...A great CNY for those working in SG. |
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Feb 10 2024, 11:19 PM
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Junior Member
226 posts Joined: Nov 2021
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Even if US cut down interest rate Based on current trend, it is hard to imagine MYR appreciate against SGD CommodoreAmiga liked this post
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Feb 11 2024, 07:28 PM
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Senior Member
3,864 posts Joined: Jun 2022
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QUOTE(nauticat99 @ Feb 5 2024, 12:49 PM) Itβs it a good time to sell USD? No. Keep your USD. RM will only go down further |
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Feb 11 2024, 09:52 PM
Show posts by this member only | IPv6 | Post
#500
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Junior Member
663 posts Joined: Jul 2008 From: KL 
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Keep USD and SGD. Then put Fd
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